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Why is Pemex in crisis?

2019-09-12T22:25:29.450Z


Pemex, Mexico's state oil company, is in financial crisis. Cornered by debts and with a high tax burden, the government plans a rescue plan that consists of opening 15 l ...


Pemex, Mexico's state oil company, is in financial crisis. Cornered by debts and with a high tax burden, the government plans a rescue plan that consists of opening 15 tenders to private companies, building a refinery and increasing crude oil production.

Source: cnnespanol

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